<article>
    <p>The year 2025 was remarkable for Portugal's residential real estate market, marked by a period of notable resilience and growth. This performance was shaped by key factors, from the impact of support measures for young buyers to new dynamics in foreign investment, in a scenario where JLL consolidated its leadership.</p>

    <h2>Historic Sales Volumes: A Market in Full Expansion</h2>

    <p>2025 established new milestones in the residential market, projecting the second-largest volume of units sold ever and a historical maximum in value. This performance reflects the robustness of a market that managed to overcome macroeconomic challenges. Growth was driven by the domestic market, the main engine of activity, where acquisitions by residents grew 32%. This dynamic confirms Portuguese confidence and the effectiveness of public policies.</p>

    <h2>The Young Buyers Phenomenon: Generational Transformation</h2>

    <p>Support for home purchases by young people marked 2025. Driven by IMT exemption and public guarantee, home acquisition by clients up to 35 years old soared nearly 60% (compared to 2023-2025). This immediate success had, however, a double effect: while facilitating access for a new generation, it also increased pressure on supply, accelerating price increases.</p>

    <h2>Asset Valuation: Portugal in the European Context</h2>

    <p>According to Eurostat, real estate appreciation in Portugal reached record levels, positioning the country as the second in the EU where prices increased most since 2015 (+169%), only behind Hungary. In 2025, sale prices in Portugal, Lisbon and Porto registered double-digit increases. In contrast, rents in Lisbon and Porto stabilized with slight downward corrections, although they rose nationally, demonstrating market maturation.</p>

    <h2>International Dynamics: Investment Reconfiguration</h2>

    <p>The international market reconfigured itself. Despite foreign participation in transactions decreasing, capital volume remained consistent. Their share in total country transactions remained below 10% (INE), confirming that this segment, although strategic, lacks the dimension to single-handedly inflate the national market. Portugal thus consolidates its attractiveness as a mature investment destination, a reality proven by JLL, which transacted with more than 50 nationalities in 2025 alone.</p>

    <h2>JLL Performance: Leadership and Sustained Growth</h2>

    <p>JLL consolidated its leadership in 2025 with sales growth of around 10%. Our balanced strategy demonstrated total market adaptation. Performance was notable in new developments and second homes, maintaining strategic balance between both segments. With an active portfolio of 190 projects, this result reflects the confidence of developers and investors in our expertise.</p>

    <h2>In Summary</h2>

    <p>2025 was a transformational year for the residential market, with record volumes, new generational dynamics and sustained appreciation. The sector's resilience confirms its structural solidity. Prospects point to price stabilization and maintenance of international interest, while awaiting the impact of VAT reduction in construction. With 10% growth and 190 projects in portfolio, JLL is in a privileged position to support its clients in navigating this evolving market.</p>
</article>

Residential Highlights 2025

Market analysis by Maria Empis and Telmo Azevedo, Co-Heads Residential at JLL Portugal.

<h2>Market analysis by Maria Empis and Telmo Azevedo, Co-Heads Residential at JLL Portugal.</h2>

https://res.cloudinary.com/global-cms-assets-np/image/upload/f_auto,q_auto/v1771488880/resi/PT/Articles/Residential-Hilights-Hero.png

<article><p>Located in the historic centre of Almada, Riverscape is a new residential project that combines authenticity, comfort and well-being, offering a peaceful living experience. With Lisbon just 8 minutes away by boat or 20 minutes by car, Riverscape allows you to enjoy the serenity of the south bank without giving up proximity to the city centre. With JLL responsible for marketing, the project aims to establish itself as one of the most distinctive on the south bank, marking a step in the enhancement of this area and combining sophistication and serenity by the Tagus River.</p><p>With 26 apartments ranging from one to four bedrooms, Riverscape stands out for its premium finishes, contemporary design and generous areas ranging from 77 square metres to 230 square metres, complemented by balconies and terraces of up to 30 square metres, ideal for enjoying the river view. All apartments have parking and storage, modern kitchens and large windows that favour natural light and connection to the outside.</p><p>The building's architecture respects the historical heritage of the area, maintaining a classically inspired fa&ccedil;ade that integrates contemporary elements, reflecting the fusion of tradition and modernity that defines the project.</p><p>Riverscape has been designed to offer maximum comfort and quality of life, through carefully designed common areas that promote well-being and interaction among residents. Key amenities include an outdoor swimming pool, a fully equipped gym, a fire pit with a seating area, two entrances with reception and lounge areas, meeting and work rooms, and two interior courtyards that reinforce the connection between the building and the surrounding nature.</p><p><em>'Riverscape represents how the south bank of the Tagus is establishing itself as one of the most sought-after residential areas in Greater Lisbon. This project stands out for its unique combination of location and architecture, being a concept designed specifically for a premium lifestyle by the river, with one of the best views of the city of Lisbon,'</em> says Telmo Azevedo, Co-Head of Residential at JLL Portugal.</p></article>

JLL presents Riverscape, a new concept in living by the Tagus River

<p>An exclusive residential project, with a privileged location in the historic centre of Almada, offering 26 apartments that combine historic charm with contemporary comfort.</p>

An exclusive residential project, with a privileged location in the historic centre of Almada, offering 26 apartments that combine historic charm with contemporary comfort.

<h2>An exclusive residential project, with a privileged location in the historic centre of Almada, offering 26 apartments that combine historic charm with contemporary comfort.</h2>

https://res.cloudinary.com/global-cms-assets-np/image/upload/f_auto,q_auto/v1771489243/resi/PT/Articles/Riverscape.webp

<p>JLL, in co-exclusivity, announces the commercialisation of Condominhas Urban Living, a new residential project that promises to redefine the concept of living in Porto. Located at Rua das Condominhas 334, this development stands out for its privileged location, contemporary architecture and unique housing solutions, respecting the history of the site and raising standards of comfort.<br /></p><p>The project is developed in three distinct blocks and comprises 23 units, ranging from studios to three-bedroom apartments. The first block features distinctive architecture, with staggered floors that provide a private entrance hall for each unit, as well as parking spaces and storage rooms in the basement.<br /></p><p>The second block consists of seven terraced houses, spread over two floors, housed in a renovated former industrial warehouse, with high ceilings, exclusive patios and private parking. The third block is the largest in the development, spread over five floors and offering residential solutions with outdoor parking.<br /></p><p>Located in one of the most emblematic areas of the city, Condominhas Urban Living is surrounded by local shops, restaurants, exclusive stores, educational institutions and offers easy access to green areas such as Jardim do C&aacute;lem and Jardim do Passeio Alegre, as well as the beaches of Foz. The proximity to international schools, supermarkets and other amenities further enhances the attractiveness of the location.<br /></p><p>According to Telmo Azevedo, Co-Head of Residential JLL Portugal, &lsquo;Condominhas Urban Living represents a unique opportunity to live in one of the most sought-after areas of Porto. This is a project that combines the tranquillity of nature with the vibrancy of urban life, with modern design, quality materials and a diverse range of housing options.&rsquo;<br /></p><p>"The Condominhas Urban Living project stems from our ambition to rehabilitate an area previously dedicated mainly to commerce and services, with quality and modernity. Paying attention to the architectural coherence of the project and concerned with detail, we sought to ensure a practical yet sophisticated living experience. Located in a privileged area, close to the river, with local shops, restaurants, a gym and quality educational institutions just minutes away, we believe it is the ideal residence for those seeking quality, comfort and tranquillity," adds Lu&iacute;s Santos Carvalho, Project Manager.<br /></p><p>With surroundings that favour mobility, leisure and well-being, Condominhas Urban Living is the ideal choice for those looking for a new way to experience Porto, in a sophisticated, practical environment connected to the city.</p>

Condominhas Urban Living is a new residential landmark

A new project offers a unique combination of tranquillity and proximity to the sea<div><span style="color:#777777;font-size:20px;"><br /></span></div>

A new project offers a unique combination of tranquillity and proximity to the sea

<h2>A new project offers a unique combination of tranquillity and proximity to the sea</h2>

https://res.cloudinary.com/global-cms-assets-np/image/upload/f_auto,q_auto/v1771489601/resi/PT/Articles/ID86e40000-0000-0500-0000-0000184cae39.jpg.webp

<h3 class="featuredProperties__title"><span class="featuredProperties__title-featured typography-hero">Featured</span><span class="featuredProperties__title-project typography-hero"> Properties</span></h3>

<h3 class="featuredProperties__title"><span class="featuredProperties__title-featured typography-hero">Featured </span><span class="featuredProperties__title-project typography-hero"> developments </span></h3>

Portugal Settings

<h3>Featured&nbsp;Properties</h3>

There’s the conventional way of doing things. And then, there’s the JLL way. A more innovative, intelligent, and human way. Find out how you can SEE A BRIGHTER WAY with JLL.

office/Valuation

firstName

lastName

email

telephone

message

<p><strong>PRIVACY NOTICE</strong></p><p>&nbsp;</p><div>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services.&nbsp; &nbsp;We take our responsibility to protect the personal information provided to us seriously.</div><div>Generally the personal information we collect from you are for the purposes of dealing with your enquiry.</div><div>We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.</div><p>&nbsp;</p>

Property Enquiry

Newsletter Form

I declare that I understand and accept the Terms and Conditions and the Privacy Policy

newsletter-button

General Enquiry

service

<p><strong>PRIVACY NOTICE</strong></p><p>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.<br />Generally the personal information we collect from you are for the purposes of dealing with your enquiry.<br />We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, &nbsp;please view our privacy statement.</p>

Contact our Agents a more personalized service, and more accurate recommendations that save time.

Your new home<br />for&nbsp;<em>new chapters</em>

https://res.cloudinary.com/jll-global-olm-np/image/upload/v1748862271/resi/re-design/Union_header.svg

https://res.cloudinary.com/jll-global-olm-np/image/upload/q_auto/f_auto/v1739528600/Union_pvjdn9.svg